Tesla Stock Drops Before Shareholder Meeting As Major Investor Plans Vote Against Musk Pay Plan
1. Tesla stock down 2.6% after Norway's fund's announcement. 2. Norway's sovereign fund owns 1.14% of Tesla shares. 3. The fund plans to vote against Musk's $1 trillion pay package. 4. Major investor dissent prior to shareholder meeting raises concerns. 5. Potential backlash could impact investor sentiment negatively.